Pennridge Aquatic Club - Suburbanaquatic League

Analysis

Pennridge Aquatic Club - Suburbanaquatic League is a registered charity in United States, based in Perkasie, PA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Pennridge Aquatic Club - Suburbanaquatic League reported income of $86k and spending of $84k, spending 98% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $91k to $86k (-5.6%), an average of -5.6% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennridge Aquatic Club - Suburbanaquatic League sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Central Area Swimming a Non Profit Corporation ($86k), Cascade Touchdown Club ($86k) and Boca Raton Juniors Inc ($86k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 9.3% and program service revenue 75% of the total. At year end it held assets of $48k against liabilities of $163, net assets of $48k.